United Arab Emirates - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Arab Emirates - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates - 2022

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates (CIF) - 2022
  2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates (FOB) - 2022
  3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates
  4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates (CIF) - 2022

The average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $4,126 per ton in 2022, increasing by 31% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium increased by +58.4% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,063 per ton), while the price for Germany ($1,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $1,072 per ton, which is down by -12.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2013 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices reached the maximum at $1,229 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($2,639 per ton), while the average price for exports to Gambia ($185 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates

Imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium into the United Arab Emirates fell to 14K tons in 2022, with a decrease of -7.2% against 2021. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 8.5%.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium skyrocketed to $59M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia30.223.731.042.512.1%
United Kingdom1.01.92.35.475.4%
United States2.01.52.54.228.1%
Germany1.41.72.41.88.7%
Italy1.40.90.91.0-10.6%
Netherlands0.70.71.10.70.0%
Bahrain0.20.20.10.1-20.6%
Others11.87.08.13.4-34.0%
Total48.637.548.459.06.7%

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to the United Arab Emirates in 2022:

  1. Saudi Arabia (8.8K tons)
  2. United Kingdom (1.6K tons)
  3. United States (1.2K tons)
  4. Germany (1.0K tons)
  5. Netherlands (0.3K tons)
  6. Italy (0.3K tons)
  7. Bahrain (0.1K tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates

For the fourth year in a row, the United Arab Emirates recorded growth in overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which increased by 120% to 24K tons in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium skyrocketed to $26M in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman7421,3633,8136,001100.7%
Saudi Arabia1,2893,3466072,02316.2%
Kuwait9198821,5551,58219.8%
Niger3642381571,48459.8%
Democratic Republic of the Congo82.170.7N/A1,406157.8%
QatarN/AN/AN/A1,1970%
IraqN/AN/AN/A1,1030%
Bahrain7585306521,01910.4%
Mozambique17.312.966.5628231.1%
Ghana31.7N/AN/A532156.0%
Cameroon707837895400-17.3%
Burkina Faso61.124.937.524659.1%
Gambia87.218547622938.0%
Others1,9921,8685,4308,37761.4%
Total7,0509,35913,69026,22754.9%

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from the United Arab Emirates in 2022:

  1. Oman (3.9K tons)
  2. Mozambique (2.6K tons)
  3. Niger (2.5K tons)
  4. Kuwait (1.7K tons)
  5. Gambia (1.2K tons)
  6. Democratic Republic of the Congo (0.9K tons)
  7. Saudi Arabia (0.8K tons)
  8. Burkina Faso (0.7K tons)
  9. Ghana (0.6K tons)
  10. Bahrain (0.6K tons)
  11. Cameroon (0.6K tons)
  12. Qatar (0.6K tons)
  13. Iraq (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)

Country coverage:

  • United Arab Emirates

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the United Arab Emirates
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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